Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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conversation from last night

cheers!

#grateful
Crypto Mumbles
the next key area is 35k, the price where we had the huge flash crash upon rejection a close above 35k would be nice confirmation, until then, this zone remains risky for now
more than a close actually,

we need to capture and hold the area well, then we can see further movement up!

btc making moves now, will just be watching

might trade some alts if there's potential
Crypto Mumbles
the next key area is 35k, the price where we had the huge flash crash upon rejection a close above 35k would be nice confirmation, until then, this zone remains risky for now
as mentioned in the previous post,

this zone is very risky for trades right now

btc is now stuck within the zone moving sideways being unable to clear the 34855 minor resistance (4 top wicks)

but the bulls are quite relentless, not letting prices push down below the support zone

still no good trades here

#analysis
📈 TRADE ALERT

AAVE 15m tf

taking a long entry at cmp on AAVE here

reasons: double bottom, with a retest on the neckline

TP and SLs as shown

risky trade given that BTC is bouncing in the risky zone, you might want to keep stops tighter in case of a flash crash

if not, enter with a smaller margin

#trades W
if you're in comfortable profits, please set SL to entry as usual

protect your capital!!
shifting my SL here ‼️
was stopped out break even and re entered at a lower price 🥳
Crypto Mumbles
was stopped out break even and re entered at a lower price 🥳
stopped out at entry!

hope you took some profits as well

btc currently dumping
📈 POTENTIAL TRADE ALERT

SNX 15m tf

forming a mini ascending triangle

still early, so you can wait for a breakout at 11.47

SL: 11
(you can set tighter stops in this volatility as well)

SNX can be promising given the past runs it was mostly unaffected that much by btc

cheers!
i think we might see btc touching 35k or higher,

the bulls have been defending support zone quite well, and keeps retesting closely

but after touching 35k or higher..... if it doesn't hold then it'll be a good time to short

1h candle closed well for now
Crypto Mumbles
for us to remain bullish, we definitely need a daily close ABOVE the trendline, daily close of 34800 and above would be good #analysis
this still stands!

btc 4h tf

we need a close above trendline and above the previous 4h candle close high (abit higher than 34800)

with a nice close above, market structure is broken, and chances of upward movement is much higher

#analysis
btc seems to be breaking down now,

as mentioned, it's a dangerous zone here as btc is out of the resistance trendline on the daily tf,

further breakdown will lead us back into the descending triangle -> lower than 34400

stay safe guys!

don't try to chase the dump so much, but if you're confident of price movement then go for it! :-)
a close below 34550 would be a nice short confirmation

below 34400 would be even better

as of now, 34550 seems to be holding and btc might just do some ranging
ranging scenario!
scenario 2

dump as former support broke and now turned resistance
scenario 3

something like that would mean it was a stop hunt/ spring test by the whales to pump up aka manipulation
you can try shorting now,

stops at 34800

super risky trade, can be rewarding

cheers!!
received some questions,

once again this trade is RISKY (almost super risky)

but I would think it's worth a shot with stops at 34800, making your potential RR about 4-5